Lower middle income vs Turkmenistan: Oil rents
Lower middle income
1.6%
in 2021
Turkmenistan
5.8%
in 2019
Lower middle income rank
26th
Turkmenistan rank
27th
Oil rents over time
- Lower middle income
- Turkmenistan
How they compare
Turkmenistan currently reports 5.8% against 1.6% in Lower middle income, a difference of 4.2%.
That makes Turkmenistan's figure about 3.7 times Lower middle income's.
Across all 33 years both countries report, Turkmenistan has been ahead every year.
Lower middle income ranks 26th and Turkmenistan ranks 27th of 47 groups.
Turkmenistan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Lower middle income | Turkmenistan | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 3.9% | 27.3% | 23.4% | Turkmenistan |
| 1990s | 4.6% | 19.3% | 14.7% | Turkmenistan |
| 2000s | 5.2% | 20.4% | 15.2% | Turkmenistan |
| 2010s | 3.1% | 8.5% | 5.3% | Turkmenistan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Lower middle income or Turkmenistan?
- Turkmenistan, at 5.8% against 1.6% in Lower middle income as of 2019.
- What is the difference in oil rents between Lower middle income and Turkmenistan?
- 4.2%, with Turkmenistan ahead.
- How many years of comparable data are there for Lower middle income and Turkmenistan?
- 33 years are reported by both, from 1987 to 2019.
- How do Lower middle income and Turkmenistan rank globally for oil rents?
- Lower middle income ranks 26th and Turkmenistan ranks 27th of 47 groups.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Oil rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.